Deal and ratings review, week ending 15 June 2018

The second week of June was highlighted by Westpac Banking Corporation's A$725 million (US$541.1 million) 10-year non-call five-year tier-two transaction and NAB Trust Services's A$200 million low-carbon shared-portfolio floating-rate note deal. In New Zealand, Avanti Finance priced a NZ$200 million (US$138.9 million) residential mortgage-backed securities transaction.